VRJAM Announces Initial Exchange Offering of Its Revolutionary Metaverse Coin, Vrjam Coin
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London, UK, 28 November 2022, Chainwire
VRJAM, the leading web3 live event platform, today announced the launch of its revolutionary new digital currency VRJAM Coin will be IEO on November 30 via Gate.io and MexC exchanges. The VRJAM and metaverse cryptocurrency is currently valued at $40 million and has attracted investments from 15 of the world’s top Web3-focused investors and VCs.
VRJAM came to market with an “alpha state” product in 2019, then started the business for 4 years, producing double-digit growth year after year. The founder’s tenacious approach ultimately saw the company become a UK market leader in immersive live events, serving hundreds of content creators and premium brands.
Earlier this month, VRJAM’s public content platform was released after 4 years of development and market validation, download the VRJAM platform app now and dive into the virtual world of 5th Dimension, or create an account on the VRJAM browser app to create a custom avatar and purchase VRJAM NFTs.
VRJAM offers a premium content platform for high-quality, immersive live events that has been built on years of experience serving clients such as Red Bull, The Shangri-La at Glastonbury Festival, Tic (a company owned by Amazon) and even the UK Government Creative Industries Council.
VRJAM’s technology has also caught the eye of blue-chip tech brands, including Google (VRJAM is a member of the elite Google Campus startup accelerator) and the largest game publisher in the world epic games (Epic provided funding and financial support to VRJAM through the prestigious Epic Mega Grants program).
The quality of VRJAM’s native currency has been strongly validated by the investments made in the currency to date, which total $2.2 million in invested capital, a list of VCs and investors who have backed VRJAM Coin to date understand, NGC Ventures, Sky Vision Capital, DWF Labs, EnjFi, Gate.io Ventures, Animal Concerts, AU21, Stablenode, Axia 8, Enjin, Eight Rings Ventures, Panony, TPS Capital and Oracle Investment Group.
VRJAM Coin is somewhat unique in the web3 vertical due to its focus on the consumer use case. VRJAM Coin is also intended for use by consumers, brands, and content creators to buy and sell products, content, and services in the rich virtual world built on the VRJAM platform.
This fact means that the demand for the coin is amplified by its use by consumers and brands. Thanks to this additional demand, the token price is somewhat insulated from the storms in the crypto markets, providing investors with a safer and more stable opportunity.
The VRJAM platform offers a wide range of use cases for its cryptocurrency, including buying and selling tickets, avatars, backstage passes, premium content, and virtual real estate. VRJAM’s virtual real estate model is also unique and offers a smart alternative to the traditional “metaverse land” investment model, read more about it on the VRJAM website.
However, the most important part of the consumer use case that VRJAM Coin addresses is how consumers convert from Web2 to Web3.
VRJAM’s user acquisition strategy is built on collaborating with global brands and content creators, through which the consumer audience is offered free access to magical experiences on the VRJAM platform. By cooperating with top creators and brands to deliver premium content that fans can’t get anywhere else, VRJAM accesses a powerful user acquisition strategy that transforms consumer audiences into account owners and coin holders on the VRJAM platform.
A few brands and creators that VRJAM is already working with to enable live events and content on the platform are Animal Concerts, Polygon Studio, Snoop Dogg, Billy Ray Cyrus & Avilla Brothers ‘hardworking man‘metaverse project, Roger Sanchez, Umek, The DJ craze, Jay Worra and Stanton Warriors.
This strategy is reinforced and accelerated by VRJAM’s Play-to-Earn rewards program, where more than $20 million worth of cryptocurrency will be distributed in consumer rewards and incentives to drive adoption. VRAM technology.
On November 30, a number of key events will combine to create a successful market entry for VRJAM Coin, including; the activation of VRJAM NFT Market via offering a range of super rare NFTs from top musical artists. The launch of VRJAM native.staking pools including farm pools and traditional time-locked pools to give the VRJAM community opportunities to grow their investment and the launch of VRJAM Coin on 2 of the world’s leading crypto exchanges, MexC and Gate.io.
VRJAM Coin’s initial DEX offering is now live on 3 of the world’s leading IoT launchpads, Trustpad, Kommunitas and Erax. Visit one of VRJAM’s IDO launchpads to invest and join the VRJAM community
VRJAM is an award-winning real-time platform for premium virtual events and immersive social gaming.
The VRJAM platform enables creators and brands to deliver inspiring, immersive fan experiences that redefine fan engagement in the Web3 environment. Over the past 3 years, the platform has enabled some of the world’s biggest brands and artists to redefine the fan experience in the digital space, including Carl Cox, Ultra Records, Twitch, Red Bull and Fatboy Slim for n’ to name a few.
These experiences are monetized using VRJAM’s native cryptocurrency, VRJAM Coin, as well as the creation of revolutionary new types of NFTs native to the virtual world of VRJAM.
The platform’s live experience features combine with sleek smart contract infrastructure and crypto-native feature sets to create new ways for brands and content creators to digitalize content and interact. with the fans.
VRJAM’s community of partners, advisors and investors includes some of the leading brands in the blockchain space, including Polygon and Gate.io, as well as an array of leading consumer brands, including the leading game publisher in the world, Epic Games.
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